After years of preparation, Cheniere Energy Partners completed loading its first tanker with liquefied natural gas for export at a Louisiana terminal Wednesday.
The occasion was a significant one for Cheniere, whose stock shed nearly half its value in 2015 amid tumbling natural gas prices. Over the last several years, the company has spent billions building terminals such as the Louisiana facility so it can export LNG — widely seen as a cleaner energy source than coal and oil — from the U.S.
Cheniere's interim CEO, Neal Shear, said Wednesday on CNBC's Power Lunch that he remains optimistic about the company's future.
"Cheniere is in fabulous shape," Shear said, adding that the company has secured contracts for 87 percent of its liquefied natural gas export terminals. "We're not like other companies in the energy patch, and people should really think of us in that sense."